From the announcement.
1. Interest will accrue at the above rate whilst NRZ continues discussions on two transactions that are expected to be revenue positive, however DL maintains the ability to call in the debt at any point. There is no certainty of the outcome of these discussions but if successful it is expected to be completed by July/August 2024. NRZ will update the market when and if those discussions progress, or if DL call in the debt.
2. The Directors consider there are reasonable grounds to believe that the Company will be able to
achieve the matters set out above and that it is appropriate to continue on a going concern basis.
3. however DL maintains the ability to call in the debt at any point
4. The Board confirms that the Company is solvent
Apparently, they (NRZ) believe they are solvent - please tell me someone is dreaming.
Who is the boss now?
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.598M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $20.12K | 6.455M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
66 | 56445650 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 7997259 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
66 | 56445650 | 0.003 |
69 | 141127303 | 0.002 |
29 | 191650000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 7997259 | 15 |
0.005 | 6988429 | 6 |
0.006 | 1408009 | 3 |
0.007 | 1783856 | 3 |
0.008 | 137500 | 2 |
Last trade - 10.55am 16/08/2024 (20 minute delay) ? |
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